A federal judge took the unusual step of urging C.R. Bard Inc. (BCR) to settle thousands of lawsuits over defective vaginal-mesh implants because juries may award billions of dollars in damages.
“I can’t imagine a corporation facing potentially billions of dollars in verdicts wouldn’t find it advisable to try to achieve a settlement for a much lesser sum,” U.S. District Judge Joseph Goodwin in Charleston, West Virginia, said at a Dec. 9 hearing, according to a transcript. “I base that billions of dollars business on some of the rather large verdicts that we’ve had.”
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